TA Global halts operations of six hotels due to Covid-19
The other hotels are located outside Malaysia — two in Thailand, two in Canada and one in Australia.
Continuation of large-scale infra projects to provide additional lift to economic growth: BNM
BNM estimated that capital spending on major transport infrastructure projects of about RM15 billion is expected to lift 2020 gross domestic product (GDP) by 1 percentage point (ppt).
Hijab-wearing Malaysian wrestler named in Forbes' 30 under 30 Asia list
Nor “Phoenix” Diana, 20, is Malaysia’s first hijab-wearing female pro wrestler.
No glove shortage in Malaysia, don’t profiteer, says Margma
The glove association said Malaysia only requires about 120 million pieces per year. It will merely take the industry six hours of production time to churn out this annual quantity.
RHB first local bank to waive compound of interest or profit during six-month moratorium
Two foreign banks here — HSBC and OCBC — have announced this as well recently.
LBS Bina shares up 14% after Top Glove founder emerges as substantial shareholder
At 9.40am, LBS Bina pared some gains to trade at 38.5 sen, still up 10%, bringing a market capitalisation of RM530.18 million. The group saw some 492,600 shares traded.
Malaysian business sentiments hit record low in 2Q amid COVID-19 outbreak
The last time Malaysia’s business optimism recorded negative was the fourth quarter of 2015.
SYF Resources sells another Semenyih property for RM11.7m
The disposal, the furniture producer said, is expected to be completed by the fourth quarter of this year and give rise to an estimated net gain on disposal of RM500,000.
CIMB offers up to six-month moratorium on loan repayments to COVID-19 affected clients
“This is in addition to the standard restructuring and rescheduling financing programmes offered to all affected individual and business customers, announced earlier.”
Three COVID-19 cases found at SJMC
RSDH chief executive officer Greg Brown said RSDH is working closely with the MoH, and that the group has implemented stringent safety protocols at its hospitals.
